Archangel completes first close of $10 million to support early-stage Canadian tech startups
Waterloo-based angel investor network Archangel has announced its first close of $10 million CAD. The Archangel Network of…
Kitchener-Waterloo
NERv Technology raises $3.32 million as it prepares to bring medical sensor tech to market
NERv Technology, a Kitchener-Waterloo-based startup offering a sensory platform designed for the healthtech sector, has closed…
Despite small decline in deals, Waterloo Region remained a healthy startup ecosystem in 2020
Waterloo Region startups raised $689.6 million for all of 2020 — up 107 percent over 2019, according to Hockeystick’s latest…
Vertu Capital secures minority stake in Dejero with $60 million investment
Waterloo-based company Dejero, which provides communications connectivity tech, announced a $60 million CAD minority recapitalization…
US private equity firm to acquire controlling stake in Axonify for $313 million CAD
United States-based private equity firm Luminate Capital Partners is set to acquire a controlling stake in Axonify for $313…
Kitchener-Waterloo’s Magnet Forensics looks to raise $90 million CAD in IPO
Kitchener-Waterloo startup Magnet Forensics, which develops digital investigation software for forensic professionals, plans…
Today in hires: TouchBistro, TextNow, Think Research, Benevity, Trulioo
Five Canadian tech companies have recently brought on new team members, including TouchBistro, TextNow, Think Research, Benevity,…
Nicoya promised additional funding from federal government to develop COVID-19 test
Kitchener-Waterloo-based healthtech startup Nicoya has announced it is set to receive more financial support and advisory services…
Five Canadian startups named to CB Insights’ 2021 AI 100 list
Five Canadian artificial intelligence (AI) startups have made CB Insights’ fifth annual AI 100 list, which aims to highlight…
Chris Albinson to replace Iain Klugman as CEO of Communitech
Kitchener-Waterloo innovation hub Communitech has named Chris Albinson, co-founder of The C100, as its new CEO. Albinson will…
On-demand delivery platform Tyltgo raises $2.3 million to accelerate Ontario expansion
Kitchener-based same-day delivery software startup Tyltgo has raised $2.3 million CAD ($1.8 million USD) in seed financing,…
BlackBerry launches $50 million fund to work with AutoTech startups
BlackBerry has launched a $50 million fund to help data-driven automotive ecosystem startups bring their tech to market using…
The Canadian Shield begins selling mask manufacturing system
Kitchener-Waterloo-based personal protective equipment (PPE) manufacturer The Canadian Shield has begun selling its medical-mask…
Axonify acquires digital learning platform MLevel
Axonify, a Kitchener-Waterloo startup offering a communications and learning solution for frontline employees, has acquired…
The Accelerator Centre appoints new CEO Jay Krishnan as it looks to adopt a more global mindset
The Accelerator Centre (AC) has a new CEO that the organization is hoping will bring a more global lens to the accelerator’s…